The demand for dollars will increase when
A) real interest rates in the United States fall.
B) U.S. labor productivity increases relative to the world.
C) the world is perceived as more stable than it used to be.
D) U.S. residents develop a taste for more imported products.
B
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Involuntary exchanges, such as robbery,
a. represent potential Pareto improvements b. are positive externalities c. are not Pareto improvements d. are antitrust violations e. may be Pareto improvements
In the hope of getting promoted, Inez agreed to work overtime at her job, which meant she could not meet with her study group as planned. If she impressed her boss, she would increase her paycheck. She could study for the exam on her own, even if it meant a slightly lower grade. What concept in economic decision making does this scenario represent?
a. trade-off b. efficiency c. net benefit d. money cost
Use the following table to answer the next question. The following national income data for an economy is in billions of dollars.Consumption$5,100Investment1,100Transfer payments1,050Government purchases1,400Exports850Imports950Net foreign factor income20GDP for this economy is ________.
A. $7,500 billion B. $6,400 billion C. $9,400 billion D. $10,470 billion
How much is the APS at a disposable income of 2000?
